GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Artis Real Estate Investment Trust (TSX:AX.PR.I.PFD) » Definitions » Equity-to-Asset

Artis Real Estate Investment Trust (TSX:AX.PR.I.PFD) Equity-to-Asset

: 0.46 (As of Dec. 2023)
View and export this data going back to 2018. Start your Free Trial

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Artis Real Estate Investment Trust's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$1,716.33 Mil. Artis Real Estate Investment Trust's Total Assets for the quarter that ended in Dec. 2023 was C$3,735.03 Mil. Therefore, Artis Real Estate Investment Trust's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.46.

The historical rank and industry rank for Artis Real Estate Investment Trust's Equity-to-Asset or its related term are showing as below:

TSX:AX.PR.I.PFD' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.46   Med: 0.48   Max: 0.54
Current: 0.46

During the past 13 years, the highest Equity to Asset Ratio of Artis Real Estate Investment Trust was 0.54. The lowest was 0.46. And the median was 0.48.

TSX:AX.PR.I.PFD's Equity-to-Asset is ranked worse than
71.08% of 861 companies
in the REITs industry
Industry Median: 0.56 vs TSX:AX.PR.I.PFD: 0.46

Artis Real Estate Investment Trust Equity-to-Asset Historical Data

The historical data trend for Artis Real Estate Investment Trust's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Artis Real Estate Investment Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.46 0.48 0.54 0.49 0.46

Artis Real Estate Investment Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.49 0.49 0.50 0.48 0.46

Competitive Comparison

For the REIT - Diversified subindustry, Artis Real Estate Investment Trust's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Artis Real Estate Investment Trust Equity-to-Asset Distribution

For the REITs industry and Real Estate sector, Artis Real Estate Investment Trust's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Artis Real Estate Investment Trust's Equity-to-Asset falls into.



Artis Real Estate Investment Trust Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Artis Real Estate Investment Trust's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=1716.332/3735.03
=0.46

Artis Real Estate Investment Trust's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=1716.332/3735.03
=0.46

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Artis Real Estate Investment Trust  (TSX:AX.PR.I.PFD) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Artis Real Estate Investment Trust Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Artis Real Estate Investment Trust's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Artis Real Estate Investment Trust (TSX:AX.PR.I.PFD) Business Description

Traded in Other Exchanges
Address
220 Portage Avenue, Suite 600, Winnipeg, MB, CAN, R3C 0A5
Artis Real Estate Investment Trust is an unincorporated closed-end REIT based in Canada. Artis REIT's portfolio comprises properties located in Central and Western Canada and selects markets throughout the United States, including regions such as Alberta, British Columbia, Manitoba, Ontario, Saskatchewan, Arizona, Minnesota, Colorado, New York, and Wisconsin. The properties are divided into three categories: office, retail, and industrial. The industrial properties account for most of the portfolio, followed by the office properties and the retail properties.

Artis Real Estate Investment Trust (TSX:AX.PR.I.PFD) Headlines

No Headlines